Business

Simmonds to Get Mall of America II?

Simmonds, January 5 - The recently closed Nordstrom Municipal Airport has been chosen as one of three possible sites for a new supermall to be developed by the owners of the Mall of America in Bloomington, Minnesota. Fahrzi Development, who own and operate the Mall of America and West Edmonton Mall, in Edmonton, Ontario, made the announcement today from its headquarters in Toronto. San Bernardino, California and Tempe, Arizona are also semi-finalists for the proposed mall. The airport site, which has remained relatively unused since the airport closed to international air traffic in 1994 with the opening of Nord-Far International Airport, has been for sale since the fall of 1995. The 30,000 acre site is located just 12 miles from downtown Nordstrom and 2 miles from the Asuncion Strait is considered one of the island’s most lucrative development sites. Touted as the “Mall of the Pacific,” the proposed mall would be the second largest in the United States with over 700 stores in a single building covering a space of over 1.1 million square feet. La Grande County, which owns the property, has offered to sell the property to Fahzri at a discounted price in exchange for a commitment to aiding the state’s economy. Fahzri announced that it would make announce the finalist on March 31.

Winston-Williams, Parsec, Anchor to Send Delegates to APEC Conference

Washington (AP) November 8 - Representatives of the Winston-Williams Corporation, the Farreta-based electronics giant, Parsec Computers and Anchor Instruments of Nordstrom arrived in Washington, D.C. today to join the U. S. trade delegation scheduled to attend next week’s APEC Conference in Tokyo. W/W, the only U.S. manufacturer of high-density televisions (HDTVs) and video camcorders in the United States, intends to rise the issues of Asian market expansion during the conference. WW currently holds a less than one-percent share of the Asian television and camcorder market, a $325 billion industry in 1994. James Phillips, vice-president of Asian marketing, will lead the Winston-Williams group. PC-maker Anchor Instruments and software giant Parsec plan to send two representatives to promote their computer-based sales in Asia. They join heavyweights Microsoft and Intel in a bid to further expand Asian computer market, a fast-growing sector of most Asian markets. Governor Molly Dunn praised the delegation. “This is a positive step in promoting our products in the Pacific Rim markets. It’s important to take the initiative to seek investment ventures in Asia to secure our position as a significant force in the region. It’s companies like Winston-Williams, Anchor, and Parsec that will help make this possible.”

Fortune Releases List of State’s Largest Corporations

New York - Fortune Magazine today released a state-by-state list of America’s largest corporations based on annual revenues for 1995. 15 of Anbara’s top corportions are listed in the top 250 of Fortune’s top 500 U.S. corporations in terms of revenue. Their rankings are as follows (with national ranking in parantheses):

• 1. Hembire-Ohlen Corporation, Nordstrom, $89.3 billion (8)
• 2. Winston-Williams Corporation, Farret, $76.4b (27)
• 3. AmeriWest Bancorp, Farret, $58.9b (79)
• 4. Anchor Instruments, Inc., Nordstrom, $55.5b (86)
• 5. LAS Worldwide, Sydney, $32.1b (112)
• 6. First American Bancorp, Bancape $30.7b (119)
• 7. Freshover Corporation, Nordstrom, $28.8b (132)
• 8. Parsec Corporation, Simmonds, $26.3b (141)
• 9. Kaeser Corporation, Inc., Kaeser, $21.35b (168)
• 10. Aston Pharmaceuticals, Inc., Queensbury, $20.4b (174)
• 11. Leagrande Investment Corp, Nordstrom $18.5b (191)
• 12. Rochester Corporation, Nagocia, $17.6b (197)
• 13. Superior Airlines, Farret, $15.0b (216)
• 14. AmeriCourt, Inc., Nordstrom, $12.3b (234)
• 15. Faulkner-Cruz Corporation, Queensbury, $12.1b (238)